BNP Paribas is in a real fix. It faces censure for allegedly being found guilty of breaching US rules on money laundering, and of breaching US sanctions, between 2002 and 2009. These alleged breaches relate to Cuba, Iran and Sudan. The risks involved for the bank are potentially terminal; the fine it is threatened with – rumoured to be around US$1...

The news that Barclays has been fined for manipulation of the gold benchmark is another nail in the coffin of trader autonomy and of voluntary data-based benchmarks. It also highlights the risks for s...

Apps are making the banking sector more vulnerable to cyber-attack, say European regulators, who recommend that firms hold capital as insurance against such an event. The ‘Joint Committee Report on ri...

News that the European Parliament finally agreed the terms for ‘banking union’ on 20 March 2014 raised lacklustre cheers from the world of finance. The ‘union’ here is regulatory, taking the managemen...

Regulators from the US to the Philippines have issued warnings to ATM firms that they should be cognisant of upgrading their operating systems by 8 April 2014, the date by which support for Windows XP...

The news around foreign exchange suggests a storm is brewing, as speculation and light-touch regulation converge. Spot foreign exchange trading will reportedly become more automated where, until recen...

Enormous amounts of customer data have been lost in thefts affecting both retailers and banks. A recent case of data loss at Barclays allegedly included psychological profiling of customers, adding a ...

Turning down money from a potential customer who fails a test, is expensive. Building profiles of all of your customers is costly in both cash and resources. In fact, until HSBC and Standard Charter...

About this group

Finextra and Oracle have gathered together some of the industry's top thought leaders to assess the key trends and issues within transaction banking, regulations and retail banking. This group will analyse the latest news on upcoming regulations, new service offerings and industry issues shaping the new financial services landscape with regular blog posts, video interviews, webcasts debates and surveys.